VOL. XXXVI
NO. 24
15-MARCH-1993
Financial and Banking News
REGIONAL BANKING
Faysal Islamic Bank of Bahrain Will Raise Capital; Shows Profits Increase
Manama-based Faysal Islamic Bank (FIB), which is part of the Dar al-Mal al-Islamigroup, is to double its paid-in capital to $100mn. The increase will be handledin two stages. On 9 March the bank's board agreed to issue $10mn in bonusshares. A further $10mn in new shares will be subscribed in a rights issuewithin the next two or three weeks. A final...
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